The plan’s general investment consultant “was unsuccessful in reaching legal terms” for a previously approved follow-on private credit commitment.
The plan increased the allocation range for its global equity emerging manager program by 5% this week.
The plan replaced its $77.5 million Asian all-cap equity mandate with T. Rowe Price Associates last week.
The general investment consultant was last hired following a similar search process in 2016.
The plans selected a new third-party administrator after previously providing the services in-house.
The plan is slated to conclude its global equity emerging manager program search and increase its allocation to the program at a board of investments meeting tomorrow.
The plan terminated a $475 million emerging markets value equity mandate in May and approved private markets commitments totaling $170 million in June.
The plan terminated a $1.4 billion domestic large-cap value equity mandate and made commitments with four existing managers and one new manager in August.
Hyas Group currently serves as general investment consultant for the district’s four retirement savings plans.